No one has complained about the prices being too high in a market economy. In fact, NIMBYs are distorting the market with inefficient regulation. The harm, of c

No one has complained about the prices being too high in a market economy. In fact, NIMBYs are distorting the market with inefficient regulation. The harm, of course, is that this regulation unfairly favors current home owners. The state of California has said enough is enough and has rendered the local regulation null and void. And no one has said anything about soviet style apartment buildings. That is very unlikely.